UPSC/SSC G.K. Economy Quiz 1

1. The term ‘mixed economy’ denoted :
(a) existence of both rural and urban sectors
(b) existence of both private and public sectors
(c) existence of both heavy and small industries
(d) existence of both developed and underdeveloped sectors
1. (b)

2. Which of the following can be called as a part of the Service Sector ?
(a) Textite Mills
(b) Banking
(c) Coal Mines
(d) Agriculture
(e) None of these
2. (b)

3. Under the National Rural Employment Guarantee Scheme, number of days for which employment guarantee during one year has been given is:
(a) 90 days
(b) 100 days
(c) 120 days
(d) 180 days
3. (b)

4. Nation Agricultural Insurance Scheme replace Comprehensive Crop Insurance Scheme was introduced in the year:
(a) 1997
(b) 1998
(c) 1999
(d) 2000
4. (c)

5. In India, liberal Industrial Policy was adopted in the year:
(a) 1948
(b) 1956
(c) 1985
(d) 1991
5. (d)

6. The present Indian monetary system is based on:
(a) Gold Reserve System
(b) Proportional Reserve System
(c) Convertible Currency System
(d) Minimum Reserve System
6. (d)

7. Capital Markst Regulator is:
(a) RBI
(b) IRDA
(c) NSE
(d) BSE
(e) SEBI
7. (e)

8. Devaluation of rupee in India was first introduced in the year:
(a) 1949
(b) 1966
(c) 1972
(d) 1990
8. (a)

9. Which of the following is India’s largest public sector Commercial Bank at present ?
(a) IDBI Bank
(b) ICICI Bank
(c) AXIS Bank
(d) SBI
9. (d)

10. The head of the State Bank of India(SBI) is designated as:
(a) Executive Director
(b) Governor
(c) Deputy Governor
(d) Director Incharge
(e) Chairman
10. (e)